Valuation of China Internet Stocks at Very Low Level: Li

The video discusses the Golden Dragon index's struggle to break past the 50-day moving average due to regulatory uncertainties. It highlights concerns about the real estate market, noting a lack of supportive fiscal and monetary policies. The impact of COVID-19 policies on manufacturing and market strategies is examined, with a focus on the closed-loop system in place during lockdowns. The video also explores the rise in online entertainment and consumer behavior changes during lockdowns, drawing parallels to the stay-at-home economy of 2020.

What has been a consistent challenge for the Golden Dragon index over the past year?

• Breaking past the 50-day moving average

• Increasing its market capitalization

• Improving its dividend yield

• Reducing its dependency on foreign investments

Why might long-term investors be optimistic about Internet companies despite current challenges?

• They have high dividend payouts

• Their valuations are currently low

• They are reducing operational costs

• They are expanding into new markets

What is a major concern for the real estate market according to the transcript?

• Overproduction of housing units

• Increased competition from foreign developers

• Lack of supportive fiscal and monetary policies

• High interest rates on mortgages

What is the expected impact of the COVID-0 policy on manufacturing in Shanghai?

• Shift of manufacturing to other countries

• Minimal impact due to Shanghai's non-manufacturing focus

• Significant increase in production

• Complete halt of all manufacturing activities

Which sector is expected to see increased activity due to lockdowns?

• Online entertainment

• Tourism and travel

• Construction and real estate

• Automobile manufacturing